HomeMy WebLinkAbout1995-212
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 95-212
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO REGARDING THE HOLDING OF A PUBLIC
HEARING IN CONNECTION WITH THE REDEVELOPMENT AGENCY OF
THE CITY OF SAN BERNARDINO MULTIFAMILY HOUSING REVENUE
BONDS (CASA RAMONA PROJECT) 1995 SERIES A
WHEREAS, the City of San Bernardino, California (the
"City"), is a municipal corporation and a charter city duly created and
existing pursuant to the Constitution and the laws of the State of
California; and
WHEREAS, the City has caused the timely publication of
notice regarding the holding of the public hearing in accordance with
Section 147(f) of the Internal Revenue Code of 1986, as amended (the
"Code"), in connection with the proposed issuance of the Multifamily
Housing Revenue Bonds (Casa Ramona Project) 1995 Series A, in a total
amount not to exceed $1,800,000 (the "Bonds") of the Redevelopment
Agency of the City of San Bernardino (the "Agency"); and
WHEREAS, the Agency proposes to apply its low- and moderate-
income housing funds to the repayment of the Bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
COUNCIL OF THE CITY OF SAN BERNARDINO, AS FOLLOWS:
I I I
I I I
III
- 1 -
();;-)/l
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Section 1. Public Hearina. Testimonv and Comments. The
City has held a public hearing in accordance with the provisions of
Section 147 (f) of the Code, and has considered all testimony and
comments submitted in connection with the proposed issuance of the
Bonds and the application of the Agency's low- and moderate-income
housing fund to the repayment of the Bonds. The City finds and
determines that the application of said funds as proposed will benefit
the redevelopment project areas of the City.
Citv. The City,
the public hearing,
Section 2.
consideration of comments
after
Aooroval bv
recei ved at
hereby
approves the issuance of the Bonds.
Section 3. Aooroval bv Elected Reoresentative. It is
the purpose and intent of the City that this Resolution constitute
approval by the applicable elected representative in accordance with
19 the terms of Section 147(f) of the Code.
20 III
21 III
22 III
23 III
24 III
25 III
26 III
27 III
28 III
- 2 -
jr,r ,"
') 'dl)
1
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
2 BERNARDINO REGARDING THE HOLDING OF A PUBLIC HEARING IN CONNECTION WITH
THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO MULTIFAMILY
3 HOUSING REVENUE BONDS (CASA RAMONA PROJECT) 1995 SERIES A
4
5
6
7
8
9
10
Section 4.
The findings and determinations herein shall
be final and conclusive.
This Resolution shall take effect upon the
date of its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Mayor and Common Council of the City of San Bernardino
at a
reqular
meeting thereof, held on the
19th
June
day of
11
12 1995, by the following vote, to wit:
13 Council Members: ~ NAYS
ABSTAIN
ABSENT
14 NEGRETE
CURLIN
HERNANDEZ
OBERHELMAN
DEVLIN
POPE-LUDLAM
MILLER
x
~
X
X
X
X
--x---
15
16
17
18
19
20
~
ci ty'-€lerk
~
';!eJ Iv?
21
22
23
24
25
26
27
28
day of
~ebY ~:ed thi;
/ C''l ' 1/i4M\
I
The foregoing resolution
June
, 1995.
Mayor of the City of
San Bernardino
Approved as to form and legal content:
JAMES F. PENMAN
City Attorney
By:
SBEO\0139\DOC\4
- 3 -